Article 11 [54-2A-1101 N.M. Stat. Ann.] of the Uniform Revised Limited Partnership Act does not preclude an entity from being converted or merged pursuant to other law.

Terms Used In New Mexico Statutes 54-2A-1113

  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.